IFIC — Financial Instrument for Innovation & Competitiveness (Instrumento Financeiro para a Inovação e Competitividade)

IFIC Reindustrialize Line — Regions Affected by the Storms (IFIC Linha Reindustrializar — Regiões Afetadas pelas Tempestades)

Funds disaster-affected Portuguese manufacturers rebuilding through innovation-led reinvestment to strengthen real-world implementation.

⚠ This may reflect a past cycle — verify the current call on the funder's site.

IFIC Linha Reindustrializar — Regiões Afetadas pelas Tempestades 2026 (Aviso 06/C05-i14.01/2026) is a non-repayable grant programme administered by Banco Português de Fomento (BPF) and Estrutura de Missão Recuperar Portugal (EMRP) under Portugal's PRR Component C5. It provided €150 million in total non-repayable support for productive investment and research and development in companies located in municipalities that had been placed under official calamity or emergency status following storms and flooding. Legal basis is Portaria n.º 286/2025/1.

Eligible total investment per project ranged from €100,000 to €10,000,000. Support rates differ by expenditure type: up to 80% of R&D expenditure and up to 60% of productive investment are reimbursed on a non-repayable basis. Only companies whose registered site of operations falls within an officially designated calamity-status municipality qualify for this specific notice; companies in unaffected areas must use separate IFIC mainland reindustrialisation calls. The application window closed on 31 March 2026, so this call is no longer accepting submissions.

Applications were submitted electronically via the SIGA-BF portal (recuperarportugal.gov.pt). The two-tiered support rate structure — higher for R&D, lower for capital expenditure — reflects EU state-aid rules and incentivises innovation content within reindustrialisation projects. The complementary Linha Fomento IFIC Mais reimbursable loan facility (€1.5 billion) was available in parallel for the portion of project costs not covered by the non-repayable grant. Given the closed status, organisations monitoring successor calls should track BPF and EMRP for any new notices targeting storm-affected regions.